Yes I suspect that's exactly what slowed him down and a timely reminder that small investors have one (and only one) key advantage over institutions with large holdings, the ability to be nimble and liquidate quickly when circumstances warrant it. This one key advantage was wasted by some on here.
Coutts wanted me to post that what he finds most offensive was the cancellation by AIR of tens of thousands of customers bookings. Then saying they will give you a credit but not doing so. Those bookings were cancelled even though the flights were still going ahead at exactly the same times for goodness sake !! Customers who wanted to go (and avail themselves of pre-booked and prepaid hotel and rental car arrangements that are often non refundable had to re-book on exactly the same flights at several times the price.
How is this legal ? Is this not a form of commercial extortion ? How is this not a blatant breech of the Fair Trading Act ? They are forcing people to pay several times the price otherwise they lose thousands of dollars of prepaid hotel bookings. This meets the definition of commercial extortion. AIR still have a compass on their aircraft but they have completely lost their moral and ethical compass. Customers will remember the way they are being treated for many years to come.
https://www.nzherald.co.nz/business/...ectid=12330512